Trump's Blockade of Iran Ports Risks Expanding War to High Seas
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US President Donald Trump's threat to blockade the Strait of Hormuz after talks with Iran collapsed has raised the prospect of further economic pain and widening war. The blockade risks disrupting global energy markets, with higher oil and gas prices threatening to stoke inflation and slow economic growth.
The US has threatened to blockade Iranian ports, risking a wider war. The US military will implement a blockade of all maritime traffic entering and exiting Iranian ports. Iran's military has said it will not allow the embargo. The US and Iran failed to reach a deal in marathon talks in Pakistan. The blockade may disrupt global energy markets, causing higher oil and gas prices. The Strait of Hormuz is a critical energy chokepoint, accounting for about a fifth of the world's oil and liquefied natural gas.
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